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Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.
February 25, 2021

Centrica sees record profit drop of 31% in 2020

​British Gas owner Centrica saw its adjusted operating profit fall 31% in 2020, a record low according to its preliminary results.
The report outlines that China has a "near monopoly" in certain net zero supply chains. Image: Getty.
February 25, 2021

Cornwall Insight charts REGO demand increase as prices begin recovery

​Renewable Energy Guarantees of Origin (REGOs) have started to recover following the impact of COVID-19, according to Cornwall Insight.
Image: Iberdrola.
February 25, 2021

Iberdrola lauds record investment as net profit continues growth

​Iberdrola has reported continued growth of its net profit to €3.61 billion in a year that saw over 90% of its investments injected into renewables and networks.
Image: Getty.
February 25, 2021

Implementation of Grid-Enhancing Technology could double renewables integration by 2025

​Double the renewables currently waiting in connection queues could be integrated into the grid using Grid-Enhancing Technologies (GETs), a new study has found.
Two of Drax's coal units began to warm following the call from National Grid ESO. Image: Drax.
February 25, 2021

Drax drops plan for Europe’s largest new gas plant as it turns its back on fossil fuels

​Drax has dropped plans to develop any new gas plants, including its plans to build Europe's biggest CCGT plant as it moves to turn its back on fossil fuels.
Half-hourly settlement periods are the gold standard for energy metering and data. Image: Getty.
February 24, 2021

Smart meter installations fall 40% year-on-year in January 2021

The installation of smart meters fell 40% year-on-year in January, as the enduring impact of the COVID-19 lockdown continues to be felt.
February 24, 2021

SP Energy Networks: World-first re-energising project is just the beginning

Image: REA.
February 24, 2021

REA details pathway to net zero and economic recovery in new green strategy

A green pathway detailing measures needed to deliver net zero – focusing largely on renewables targets – has been published by the Association for Renewable Energy and Clean Technology (REA).
The Vulnerability Commitment’s signatories include Octopus Energy
February 24, 2021

BNEF: At least $14tn must be spent on power grids worldwide or risk ‘bottleneck’

​At least $14 trillion (£9 trillion) must be invested in the grid worldwide by 2050 to support an evolved power system, according to new analysis from BloombergNEF (BNEF).
Image: NewMotion.
February 23, 2021

Government EV consultation welcomed as charging networks stress 'vital' need for interoperability leadership

​The government’s consultation into public electric vehicle (EV) charging has been largely praised by EV charging networks, although thought must be given to costs and complexity.

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